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Bounce back loans are an absolutely great way to enrich the banks who can offer them to their existing customers. If you're either banking with a bank that does
by richliss 6y ago
Bounce back loans are an absolutely great way to enrich the banks who can offer them to their existing customers. If you're either banking with a bank that doesn't offer them or are a would-be new customer of the BBL providing banks you're out of luck.
If there was guaranteed upskilling built into the deal I'd be ok with it but as there isn't it's just subsidized labour for large corporations.
Don't get me wrong these schemes would have been great for all if they'd have been designed differently, as it is they're good for some whilst everyone subsides them.